Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, June 22, 2022

2,106 head sold ·Official USDA report

This is an archived report. See the latest Public Auction Yards Livestock Cattle Auction report →

light 5-weight M&L 1 heifers $175.92/cwt ≈ $918/hd at 522 lb · 48 head
light 6-weight M&L 1 heifers $173.41/cwt ≈ $1,103/hd at 636 lb · 43 head
heavy 8-weight M&L 1 heifers $145.00/cwt ≈ $1,264/hd at 872 lb · 24 head

Receipts

HeadThis saleLast saleLast year
Total receipts 2,106 2,562 2,903
Feeder cattle 447 22 987
Slaughter cattle 1,107 652 1,414
Replacement cattle 552 1,888 502

Market comments — USDA reporter

Annual Early Summer Pair and Feeder Special with All Class Cattle Sale. Compared to last week, no feeder cattle trend can be established due to light receipts last week. Weigh up cows and bulls sold on moderate demand. Slaughter cows sold uneven; breakers and leans 2.00 to 3.00 higher, boners 6.00 to 7.00 higher. Weigh up conditions were mostly average to attractive this week. Cows returning to feed sold on good demand; selling 6.00 to 7.00 higher for boners, and steady to 1.00 higher for leans. These cows were mostly of average quality. Slaughter bulls sold 7.00 to 8.00 higher. Demand was very good for cow calf pairs selling in many long strings off reputation ranches. Young age open cows suitable to feed or rebreed sold steady. Quality this week was average to attractive.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450–456 455 9 170.00–175.00 $174.45 $794 —
630–644 642 8 150.50–152.00 $150.68 $967 —
813–843 827 11 148.50–152.00 $150.12 $1,241 —
860–894 887 5 149.00–152.00 $149.58 $1,327 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
522–540 524 19 175.00–177.00 $176.78 $926 —
703 703 4 167.00 $167.00 $1,174 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
419 419 4 176.00 $176.00 $737 —
500–531 522 48 175.00–177.00 $175.92 $918 —
635–639 636 43 173.00–175.50 $173.41 $1,103 —
680 thin fleshed 680 13 176.50 $176.50 $1,200 —
815–821 value added 817 19 142.00–146.50 $145.42 $1,188 —
872 value added 872 24 145.00 $145.00 $1,264 —
939 939 7 137.00 $137.00 $1,286 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
400 400 23 147.00 $147.00 $588 —
487 487 17 147.50 $147.50 $718 —
516 516 7 149.00 $149.00 $769 —
590–591 590 23 138.00–140.00 $139.04 $820 —
703 703 18 136.50 $136.50 $960 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–457 457 9 170.00–172.00 $170.22 $778 —
568–588 583 8 162.00–163.00 $162.76 $949 —
625–630 629 6 165.00–166.00 $165.17 $1,039 —
675–683 682 9 162.00–165.50 $165.12 $1,126 —
786 786 4 148.00 $148.00 $1,163 —
808–844 834 7 131.50–134.00 $132.19 $1,102 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1130–1535 1262 80-85% 29 90.00–93.25 $92.73 $1,170 —
1175–1375 1293 80-85% 23 88.00–92.00 $89.68 $1,160 —
1080–1645 1330 80-85% 154 80.00–87.00 $84.44 $1,123 —
1095–1505 1403 80-85% 46 81.00–89.00 $85.14 $1,195 +1.03
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1220–1378 1319 75-80% 85 90.00–93.50 $91.25 $1,204 —
1205–1585 1353 75-80% 42 90.00–94.00 $91.85 $1,243 —
1255–1600 1450 75-80% 50 85.00–89.50 $88.31 $1,280 —
1293–1738 1494 75-80% 26 84.00–89.50 $86.76 $1,296 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
895–1250 1106 85-90% 19 72.00–76.00 $74.52 $824 —
953–1410 1165 85-90% 86 77.00–84.00 $80.49 $938 +11.10
1080–1281 1211 85-90% 39 85.00–91.50 $87.88 $1,064 +15.68
1238–1393 1359 85-90% 15 78.50–81.00 $78.79 $1,071 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1050–1825 1468 18 102.00–106.00 $103.92 $1,526 —
1078–2575 1497 57 107.00–114.00 $110.52 $1,654 —
1855–2175 2032 8 115.00–120.00 $117.29 $2,383 —
YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1940–2485 2136 13 122.00–128.00 $125.14 $2,673 —
2170–2390 2282 3 130.00–133.00 $131.36 $2,998 —

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Stock Cows

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1030–1435 1173 Young (2-4 yrs)Open 50 99.00–111.00 $101.39 $1,189
1015–1330 1208 Middle Aged (5-8 yrs)Open 27 90.00–96.00 $94.47 $1,141
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
920–1028 974 (<2 yrs)Open 20 118.50–121.50 $120.21 $1,171
1077 1077 Young (2-4 yrs)Open 13 116.00 $116.00 $1,249

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Cow-Calf Pairs

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1110–1537 1163 Young (2-4 yrs)Open 96 1,825.00–2,400.00 $2,265.49 —
1255–1691 1460 Aged (>8 yrs)Open 37 1,450.00–1,600.00 $1,517.64 —
1255–1650 1507 Middle Aged (5-8 yrs)Open 13 1,800.00–2,000.00 $1,847.61 —
1075–1566 1521 Aged (>8 yrs)Open 11 1,300.00–1,350.00 $1,346.79 —
1200–1925 1721 Middle Aged (5-8 yrs)Open 11 1,635.00–1,900.00 $1,795.59 —
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1311 fancy 1311 Young (2-4 yrs)Open 20 3,450.00 $3,450.00 —
1503–1611 1580 Aged (>8 yrs)Open 35 1,700.00–1,850.00 $1,809.24 -467.39
1510–1685 1673 Middle Aged (5-8 yrs)Open 15 2,400.00–2,410.00 $2,409.40 -90.60
1616–1815 1690 Middle Aged (5-8 yrs)Open 53 2,125.00–2,475.00 $2,426.77 —

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Reading this report

What does "Medium and Large 1" mean?

USDA feeder grades describe frame size and muscle thickness, not quality of the individual animal. "Medium and Large" is the frame score; the number is muscle (1 = heaviest muscled). "Medium and Large 1–2" pens mix both muscle scores — common across the Southeast.

What is $/cwt?

Dollars per hundredweight — per 100 lb of animal. A 500-lb calf at $450/cwt brings 5 × $450 = $2,250. Lighter cattle usually bring more per cwt but less per head.

Why are some prices per head?

Bred cows, cow-calf pairs, and some replacement classes sell by the head, not by weight. We show those exactly as USDA reports them — a $/head figure is never converted into $/cwt on this site.

Where do these numbers come from?

From the USDA Agricultural Marketing Service's Livestock Market News — federal reporters at the sale. We publish each report in full and link the official USDA document at the top of the page.